Companies

Naresh Goyal pens letter to Jet staff hoping things will 'ease up,' son Nivaan may be inducted into board

In the letter sent out to Jet Airways' employees on March 1, Goyal said he was he is "prepared to make any sacrifice to ensure your future comfort and prosperity, viability of the airline and welfare of all employees."

Mar 2, 2019

ICICI bank-Videocon case: Chanda Kochhar reaches ED Mumbai office for questioning

The summons was sent a day after the investigation agency carried out raids at offices and homes of the Kochhars and Videocon chief Venugopal Dhoot.

Mar 2, 2019

ICICI Bank-Videocon case: Chanda Kochhar's residence raided by Enforcement Directorate

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot.

Mar 1, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Reliance Industries eyes majority stake in logistics startup Grab

The acquisition of the hyperlocal logistics company is expected to help RIL fine-tune its e-commerce plans.

Mar 1, 2019

Jet Airways founder Naresh Goyal agrees to step down as chairman

After months of deliberation, the exit of Naresh Goyal would allow the board to go ahead with the debt restructuring plan of the cash-strapped airline.

Mar 1, 2019

Bengaluru boasts highest number of cryptocurrency job openings in the country

Bengaluru currently has 34 per cent job openings in cryptocurrency in recruitment website 'Indeed', making it top the list while Pune trails far behind with only eight per cent job openings in cryptocurrency.

Feb 28, 2019

Elon Musk changes Twitter name to Elon Tusk amid reports he may lose CEO post

Tesla CEO Elon Musk changed his name and also put up an elephant emoji next to his new name. He then changed his profile picture and put up an image of Mars, and promised to announce some Tesla "news" on Thursday, February 28, at 2 pm California time.

Feb 28, 2019

Airports privatisation: Aggressive bidding landed five airports in Adani kitty

High growth trajectory in the five airports is expected to give the AAI a win-win partnership with the Adani Group

Feb 27, 2019

An aircraft of India's Jet Airways lands

Etihad conditions set speed bumps for debt-laden Jet's resolution plan

UAE national carrier is apparently unhappy over SBI opposition to its demand for a right of first refusal after one year and Sebi norm requiring an open offer.

Feb 25, 2019

Sebi bans commodities arms of Motilal Oswal, India Infoline from trading

Sebi has directed all clients of the two commodity broking firms to transfer their securities within 45 days to other brokers.

Feb 23, 2019

ING Group sells entire 3% stake in Kotak Mahindra Bank

Dutch financial giant's exit from private lender by offloading 5.8-crore shares in block deal was expected after a partial stake sale last year.

Feb 23, 2019

Ericsson case: Anil Ambani guilty of contempt, directed to pay Rs 453 crore or face 3 months jail

Banks may refuse to release funds to save Anil Ambani jail time

Lenders' boards may not allow RCom's request for releasing Rs 260-crore tax refund held in escrow account for paying off Ericsson after Supreme Court verdict.

Feb 23, 2019

Oyo Hotels enters Japan; announces joint venture with Yahoo

In the last 12-18 months, the Gurugram based company has kicked off its operations in five countries which include India, China, Malaysia, the UK and Nepal.

Feb 22, 2019

Uber Eats close to selling Indian food delivery business to Swiggy

Uber Eats, the food delivery arm of ride-hailing app Uber Technologies Inc, is close to a deal to sell its Indian business to Bengaluru-based Swiggy, the Economic Times reported on Friday.

Feb 22, 2019

High-profile fugitives: Cautious CBI issues lookout notice for Chanda Kochhar

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot.

Feb 22, 2019